A lot of times, Crypto charts mimic themselves, especially the Alts. While LINK usually leads the pack being the strongest, there are some times when other alts follow in the direction of it, due to its strength. Let's keep an eye out on KNC and we can maximize profit when the price drops back down if it hits the high first.
ATOM has broken out of its highs earlier this year, and at $5.40, is on an up trend. It is hard to tell how long this will continue to go up, depends in how many people believe in the project.
WORK is looking mighty Bullish, let's keep an eye on this one going forward. Rules: - It MUST break upper channel of current downtrend - It must close ABOVE current downtrend when it does break out. - Look for High Volume. - If this trade works out, we will measure the depth of the cup from the bottom to the lid on the side, we will duplicate that depth and...
SP500 is near its all time high, so we must start looking closely at the patterns within the candlesticks. Here, we have a Keltner Channel, with a line in the middle of a blueish cloud. Once the prices hit the edge of the cloud, we usually see some sort of correction back to center. This will decrease size of cloud, as long as it does not overcorrect. As the...
ChainLink - which just won't give up - shows us the path via Fib Ratios, from $21, to $28, all the way up to $32. We will see if the coin can function at those high levels, some suggest it may hit $32, before falling down to a more reasonable level. I think $32 might be a stretch at present moment, but I did hear that Chainlink is investing new resources into the...
BAND/BTC seems like it might be on a similar trend, if so, we should see BAND go up to .0132 BTC before dropping down to .000749 - and this should go up for a 3rd wave after that, before eventually peaking. But just a theory, we shall see!
JST coin started out at .02, and we can see a Fibonacci Rise of the coin. It went up to .06, doubling. From there, went down to .045 - at which point it drove all the way up to .10! On some exchanges it hit .12 - the numbers were a different FIB sequence (HBTC Exchange - .02 up to .04, down to .03 - up to .12 - down to .06 (you get it)) Wave 1 - up 100% Wave 2...
LINK is on fire, and yes we will see corrections up to .382 on the way - the pattern should respond from here - it already has but did not spend much time doing so. Next stop we are likely to see the 1.618 which would put us around $18.00. Some have been so bold as to say $32.00! But would not work very well at that level, and we would see a breakdown from...
Ripple looks like it's about to jump up relative to BTC! Seeing a large cup formation and a handle has already formed. It seems some sort of bullish movement is underway, but the trendlines have to be broken. Let's see how this plays out.
Bitcoin has been interesting to watch, it has been rejected from the $12,000 price twice, and the first time it sent the price spiraling almost $3000 in one candle. This time, it hit resistance and only went down a couple hundred. You may notice the pattern forming here, which is normally a bullish pattern. As Bitcoin advances towards an area of value...
XTZ is bullish, had a great bounce off the 61.8% Fib level, which could mean some high values next. XTZ is still in a bullish channel. We should be seeing movement upwards to $4.00 - $4.20 - with enough momentum, this can break upwards to about $4.50
Slack stock (WORK) has been setting up a really nice Cup & Handle, I recommend keeping your eyes on it! We HAVE to make sure it breaks upwards with volume before trading on it.
SLQT IPO came out recently, and went up to a high of $29! Then, like many othe IPOs, people start taking gains, or start shorting it, and we ended up at the bottom around $19.00. I circled what I thought the Pivot point to be, as it had way above average volume that day, with a very long tail, and we have confirmation with a huge bullish candlestick leading the...
AAPL is right on a huge area of value - which makes these candlesticks potentially have a stronger result. This area is around $442, which coincides with the 168.1% Fibonacci retrace (basically Apple stock hit a peak, then went down to the 61.8% line, which is important if you are looking for a bullish trend to continue, from there went all the way up past 100%,...
After BTC just failed, all the charts got a fresh new look. LINK is now looking like it could head the direction as well, if it hits the neckline of $12.71, look for it to drop a lot further. IF pattern takes place, look for Next target, $11
MSFT has been trading around $213, and has been consolidating and even losing momentum. Minus the News from a potential buy out of TikTok, Microsoft has been a solid earner, and has heavy cash flow, I expect this to keep resuming the current trend. However, be on the look out for a correction, which may happen soon. Since we are in consolidation, we need a...